Mantengu (JSE:MTU) EBIT: R-339.4 Mil (TTM As of Feb. 2026)

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JSE:MTU Mantengu Ltd JSE:MTU
21 GF Score
Price R0.21
! 4 Warning Signs
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What is Mantengu EBIT?

Mantengu JSE:MTU 21 EBIT is R-339.4 Mil as of Feb. 2026. GuruFocus rates JSE:MTU with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

Mantengu's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was R-247.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was R-339.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mantengu's annualized ROC % for the quarter that ended in Feb. 2026 was -21.91%. Mantengu's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -68.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mantengu's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -464.13%.


Mantengu  (JSE:MTU) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mantengu's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-331.3 * ( 1 - 5.78% )/( (1424.998 + 1424.994)/ 2 )
=-312.15086/1424.996
=-21.91 %

where

Invested Capital(Q: Aug. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1446.284 - 198.383 - ( 5.197 - max(0, 556.834 - 379.737+5.197))
=1424.998

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1355.09 - 212.632 - ( 4.698 - max(0, 546.673 - 264.137+4.698))
=1424.994

Note: The Operating Income data used here is two times the semi-annual (Feb. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Mantengu's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-495.422/( ( (773.78 + max(-181.129, 0)) + (673.383 + max(-287.07, 0)) )/ 2 )
=-495.422/( ( 773.78 + 673.383 )/ 2 )
=-495.422/723.5815
=-68.47 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.267 + 306.163 + 0.11000000000001) - (198.383 + 0 + 357.286)
=-181.129

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.669 + 217.315 + 30.983) - (212.632 + 0 + 333.405)
=-287.07

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Mantengu's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=-339.42/73.130
=-464.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mantengu EBIT Related Terms


Mantengu EBIT Historical Data

* Premium members only.

The historical data trend for Mantengu's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mantengu EBIT Chart

Mantengu Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 -21.60 -3.98 294.19 -339.42

Mantengu Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.11 8.78 285.41 -91.71 -247.71

Mantengu EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mantengu's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mantengu EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mantengu's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mantengu's EV-to-EBIT falls into.


JSE:MTU
21GF Score
Mantengu Ltd JSE:MTU
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mantengu EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-339.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of R-339.4 Mil mean?
Mantengu (JSE:MTU) has a EBIT of R-339.4 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mantengu.
Is Mantengu's EBIT too high?
Mantengu's current EBIT is R-339.4 Mil. Overall, Mantengu has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mantengu's EBIT compare to competitors?
Mantengu's EBIT of R-339.4 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mantengu. Mantengu's current EBIT is R-339.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mantengu stock overvalued right now?
Mantengu (JSE:MTU) has a current EBIT of R-339.4 Mil. The current EBIT is R-339.4 Mil. Mantengu's overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Mantengu (JSE:MTU), the current EBIT is R-339.4 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mantengu Business Description

Address 5 Saint Michaels Lane, Bryanston, Sandton, Johannesburg, GT, ZAF, 2080
Mantengu Ltd Formerly Mantengu Mining Ltd is a resource investment company. Along with its subsidiaries, the group is engaged in chrome and platinum mining operations on the Langpan 371KQ farm in Limpopo Province, purchasing and leasing mining equipment, chrome processing and mining, and manufacturing and distributing silicon carbide. Its reportable segments are: silicone carbide, chrome, and corporate. The reportable operating segments derive their revenue predominantly from mining, extraction, production, and selling Chrome concentrate, manufacturing and selling silicone carbide, and corporate services. The majority of the group's revenue is generated from the Chrome segment. Geographically, it generates maximum revenue from Europe, followed by South Africa, China, and the USA.
21GF Score

Get the complete analysis for JSE:MTU

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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